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AutoSportRadio.com 2024 Show for June 28th - Host Don Kay sits down with Guests Mark Miles and Scott Jasek,
Mark Miles,
Armed with a new television contract that will put all NTT IndyCar Series races on FOX beginning in 2025, the next major project on the agenda is finalizing a Charter System with the IndyCar team owners.
Penske Entertainment President and CEO Mark Miles, the de facto CEO of IndyCar, confirmed to me that he will meet with key IndyCar team owners individually this weekend at WeatherTech Raceway at Laguna Seca in Monterey, California. That is the site of Sunday’s Firestone Grand Prix of Monterey.
Miles and other key Penske Corporation officials were scheduled to meet with IndyCar team owners on June 9 at Road America in Elkhart Lakes, Wisconsin, but that meeting was canceled. Miles and his group wanted to make some additional tweaks to their proposal, that would grant Charters to teams that compete for the full season in the NTT IndyCar Series.
The charter system would protect each team owner’s equity in their racing teams, similar to the charter system currently in use in NASCAR.
A team owner must have a charter to be financially rewarded in the Leader’s Circle Program that pays each qualified entrant over $1 million by pooling the prize fund from all races and distributing it evenly to the participants in each IndyCar race.
Currently, the Leaders Circle is limited to the top 22 entrants from the previous season.
If a new team owner wants to join IndyCar, they would need to acquire a charter from an existing team to get the full rewards of IndyCar participation.
IndyCar now has a new television contract with a new Network...Fox Sports. What will be the advantage for viewers?
Scott Jasek,
Founded in 2001, the Indy Racing Experience provides fans the ultimate opportunity of a lifetime by experiencing the high speeds of IndyCar racing with our driving and 2-seater programs. While casually talking one afternoon in a small garage on Gasoline Alley in Indianapolis, Scott Jasek, Joe Kennedy and Jeff Sinden imagined stretching out a regular IndyCar Series car to allow for a passenger to sit behind the driver and truly experience the speed and pressure that comes with IndyCar racing. Nearly a decade later, the Indy Racing Experience has evolved into a one-of-a-kind experience for race fans and car enthusiasts.
In addition to taking a ride in the 2-seater driven by an Indy Racing League driver around any of the tracks on the IndyCar Series schedule, fans also have the opportunity to drive these IndyCar machines, which competed in the Indianapolis 500. Thrill seekers have traveled the world to drive these cars at the historic Indianapolis Motor Speedway. In November 2008, the Indy Racing Experience expanded its operations to the Walt Disney World® Speedway near Orlando, Fla., and offers daily ride and drive opportunities at the former home of the IndyCar Series season opener.
To date, the Indy Racing Experience has given more than 12,000 rides to celebrities, media, race fans, and car enthusiasts over the past eight years. However, the history of the company and its owners extends back more than 20 years.
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